Greece Demands Action on Debt Crisis

By

Alkman Granitsas And

Stelios Bouras

Updated Aug. 5, 2011 10:20 a.m. ET

ATHENS—Prime Minister George Papandreou said Friday that Europe must act swiftly to address the continent's widening debt crisis, saying that the rout in global financial markets showed a deepening skepticism over Europe's ability to contain the crisis.

In a letter to European Commission President José Manuel Barroso, Mr. Papandreou called on fellow European Union member states—and in particular, national lawmakers—to quickly...